Forex Technical Analysis - Basics You Need to Know.

[oemata]

The basis of any good forex trading system technology is built on the following

1. Using support and resistance

These lines of areas that are important in terms of market and you can pick them up or hold or pause.

2. confirmation

You can not predict whether levels stands out so do not try.

You must have confirmation that they do by a clear break or an indication of a change of direction away from the price level in the opposite direction to demonstrate that they hold.

For this you must learn to use confirming leading indicators - we did not have time to review them here, just look at momentum oscillators in our other articles.

3. Money Management

All management systems robust and the money is not simply putting a stop - it also involves knowing the time of his career, locking in profits, and also take into account equity and comprehensive account protection.

Agree with this thread and your explanation. In my opinion, this is why this forum is dedicated, and all members especially experienced traders should always share and sharing again to all newbies to form their mind to be minded in forex trading.

[rohmotmia]

I think that things are very important in the Affairs of all kinds of merchants, junior or senior of Forex trading.It will help us in many ways.It is really very nice.And the application becomes more complex and not only about waiting for confirmation only.

[expertanalyzer]

Technological Research is mainly depending on Traditional information of the industry and hence we must also give equivalent significance to the period of time we are going to select for dealing and also placing signs to validate the pattern as this is mostly crucial to achievements.

[pamela01]

The foundation in a good for ex trading system strategy concept was made in the immediately after 1.Utilizing guidance and even prevention A lot of these creases in aspects that can be.......

[blackcandle]

For newbies, they should learn and follow Technical Analysis. Technical Analysis will gives them basic and good knowledge for trading, learning to trade with technical you can find a method with lower risk too.

[Chaudhry]

Forex mein technical analysis helpful hotay hay magar zada nahi hotay koi bi ye nahi keh sakta kay market kaha tak jaye gi ya ap ko kia kerna chaye guess he ker saktay hay Wednesday or Tuesday ki trading achi hoti hay is mein technical analysis ki zarurat nahi hoti

[manish]

I would be recommending here to all the fellow members that they should also read your post and try it. your post is exciting posts. Technical is the most important in trading forex, It will help us in various ways.It is really nice.Happy trading.Good bye.

[richard]

Technical analysis is essential to beginners and it is also easy to learn, we can see that the support and resistance levels will be very useful when we apply them to set TP and SL

if you trade manually then you need to understand the level of support and Resistance well because with it you will understand the analysis and good strategy and use a stop loss and take profit with the right

---------- Post added at 03:21 AM ---------- Previous post was at 03:20 AM ----------

Technical analysis is essential to beginners and it is also easy to learn, we can see that the support and resistance levels will be very useful when we apply them to set TP and SL

if you trade manually then you need to understand the level of support and Resistance well because with it you will understand the analysis and good strategy and use a stop loss and take profit with the right

[fxboy]

well it must have Technical Analysis for traders to make basic knowledge for them. Technical Analysis is a good method and it makes a safer method for learning and making profit with FX.

[tareq142]

Forex technical analysis is not a easy work if you want to be good technical analyzer you must have knowledge about the chat strategy analysis system and the indicator analysis system.